Credit rating
Company information
About NEW TWEED ApS
NEW TWEED ApS (CVR number: 12545789) is a company from FREDERIKSSUND. The company recorded a gross profit of 640.7 kDKK in 2023. The operating profit was -192.6 kDKK, while net earnings were -138.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -81.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NEW TWEED ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 747.00 | 874.00 | 837.00 | 762.00 | 640.68 |
EBIT | - 177.00 | -79.00 | -85.00 | - 168.00 | - 192.62 |
Net earnings | - 139.00 | -64.00 | -69.00 | - 127.00 | - 138.91 |
Shareholders equity total | 75.00 | 161.00 | 92.00 | 115.00 | 226.27 |
Balance sheet total (assets) | 908.00 | 1 221.00 | 1 147.00 | 1 227.00 | 1 668.94 |
Net debt | - 129.00 | - 391.00 | - 233.00 | 589.00 | 739.76 |
Profitability | |||||
EBIT-% | |||||
ROA | -23.1 % | -7.4 % | -7.2 % | -13.4 % | -12.1 % |
ROE | -121.9 % | -54.2 % | -54.5 % | -122.7 % | -81.4 % |
ROI | -137.2 % | -47.3 % | -38.9 % | -29.7 % | -16.1 % |
Economic value added (EVA) | - 143.14 | -58.64 | -55.09 | - 124.62 | - 150.82 |
Solvency | |||||
Equity ratio | 8.3 % | 13.2 % | 8.0 % | 66.4 % | 73.5 % |
Gearing | 8.0 % | 608.7 % | 442.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.7 | 0.5 | 1.8 | 2.8 |
Current ratio | 1.1 | 1.3 | 1.2 | 3.6 | 4.5 |
Cash and cash equivalents | 135.00 | 391.00 | 233.00 | 111.00 | 260.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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